Recent Trends in Buyer Demand in Playa Vista – A Plea to Developers of Phase II
In the last few months, I have noticed a few things about buyer demand trends in Playa Vista: – 2 bedroom units under $450,000 are scorching, even smaller ones. – 1 bedrooms are less in demand than previously, probably due to the large drop in prices for small 2 bedroom …
Concerto Lofts #238 Playa Vista
I think it’s fair to say there are a lot of non-available or undesirable properties on the market in Playa Vista now. If it’s not litigation making financing difficult or short sales with 23 offers that are still listed as “active,” it’s just unattractive or overpriced properties. Here’s one that is none of …
Playa Vista Phase II Will Be Beneficial to the Community
With the news that the development of Playa Vista Phase II has been approved AGAIN, it’s time to start thinking about how this will affect property values and your quality of life as a Playa Vista buyer or home-owner. Here are some things to consider. The addition of 2,600 new …
Short sales – Don’t Always Believe The List Price
While getting a great deal on a short sale in Playa Vista is enticing, it there is always someone on the other end of that trade, who might not be. With very little besides a “marketing savvy” listing agent and an already underwater seller who may be facing foreclosure determining …